Key West and Monroe County Demographics and Economy (as of July 2014)

Transcription

1 Key West and Monroe County Demographics and Economy (as of July 2014) Key West is an island city some 4 miles long by 1.5 miles wide. The island is located at the southern end of U. S. Highway 1, 153 miles southwest of Miami, Florida and 93 miles northwest of Havana, Cuba, at 24.5 degrees north of the equator. Key West is the county seat of Monroe County. The city occupies the entire island as well as a portion of neighboring Stock Island to the northeast. The principal industry is tourism, and the U. S. Navy and Coast Guard maintain a presence here as well. Florida Keys Visitor Person-Trip Estimates Key West Overnight Visitors 1,063,752 1,094,647 1,112,978 1,165,300 1,517,600 1,577,500 1,588,607 1,588,845 Key West Day Trippers 196, , , , , , , ,915 Cruise Ship Passengers 888, , , , , , , ,132 Total Key West Visitors 2,148,729 2,114,076 2,058,097 2,263,109 2,666,970 2,702,258 2,713,658 2,668,892 Key West Lodging Occupancy %: 73.5% 75.3% 74.2% 76.9% 78.1% 82.5% 83.1% 87.0% All Keys Overnight Visitors 2,030,062 2,089,021 2,169,565 2,103,100 2,502,200 2,742,500 3,026,165 3,090,267 All Keys Day Trippers 375, , , , , , , ,667 Cruise Ship Passengers 888, , , , , , , ,132 Total All Keys Visitors 3,293,806 3,292,409 3,310,152 3,366,909 3,825,770 4,073,358 4,405,662 4,436,066 Monroe County Lodging Occupancy %: 66.5% 68.1% 67.5% 69.4% 70.3% 74.3% 75.0% 79.1% Sources: Monroe County Tourist Development Council; Smith Travel Research Population (as of 07/01/2013) 1 Year Monroe County Key West ,543 29, ,188 24, ,024 24, ,589 25, ,750 23, ,090 24, ,028 24,873 74,849 25, ,351 25,550 Source: US Census Bureau; American Fact Finder, University of Florida; Bureau of Economic and Business Research; Population Studies Program Military - Uniform Personnel (October 2014 Estimate) Navy 618 Coast Guard 671 Army/Air Force/Marines 115 Total Uniform Personnel.. 1,404 Civilian Support Staff 933 Contractors 327 Total Payroll 2,664 Family Members 2,457 Military Present for Training No Data Retired Military Recreating No Data Source: U. S. Dept. of Defense; Key West for Military Data Grand Total 5, /01/2013 is the last estimate that is available; the next census estimate will be released on 11/20/2014. Page 1 of 7

2 Population Age Breakdown: Key West Monroe County Florida United States % 17% 24% 27% % 17% 19% 21% % 13% 13% 13% % 17% 15% 14% % 18% 12% 12% % 11% 9% 7% 75+ 6% 7% 8% 6% Median Age: Source: US Census Bureau, American FactFinder; Population Racial Breakdown: Key West Monroe County Florida United States White 68.3% 69.9% 57.0% 63.7% Black 9.9% 6.4% 16.6% 12.2% Hispanic 18.2% 21.4% 23.2% 16.4% Other 3.6% 2.3% 3.2% 7.7% Source: US Census Bureau, American FactFinder; Registered Voters (as of May 14, 2014) Affiliation Key West Monroe County Democrat: 6,891 17,803 Republican: 3,432 19,609 Other: 5,040 16,076 Total: 15,363 53,488 Source: Monroe County Supervisor of Elections Key West Income (2008- Five-Year Estimate) Median Household Income..$52,660 (Median income is the amount that divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount.) Per Capita Income.$31,993 (Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.)(the arithmetic mean (or simply "mean") of a sample is the sum of the sampled values divided by the number of items in the sample.) Average Household Size 2.53 Persons Per Capita Personal Income.$56,745 including Dividends, Interest & Rent (Monroe County ) (Per capita personal income is the broadest measure of individual economic well-being available by county. Personal income includes earnings (consisting of wages and salaries of workers, other labor income, and proprietors income); dividends, interest, and rent; and transfer payments (such as retirement benefits, food stamps, and unemployment compensation). Per capita personal income is calculated by dividing personal income by population.) Source: U. S. Census Bureau; American Fact Finder; U. S. Dept. of Commerce; Bureau of Economic Analysis; University of Florida; Bureau of Economic and Business Research Page 2 of 7

3 Economy - Gross Sales Monroe County (2009): $3,352,780,910 Monroe County (2010): $3,428,421,285 Monroe County (2011): $3,787,980,413 Monroe County (): $3,950,239,774 Monroe County (2013): $4,127,027,833 Source: Florida Department of Revenue 2013 Tax Roll Ad Valorem Millage Rate Monroe County: Monroe County School District: City of Key West: South Florida Water Management District: Mosquito Control: Total per $1,000 Assessed Value: Source: Monroe County Property Appraiser Employment Key West Monroe County Florida United States (Not Seasonally Adjusted) Per Capita Income (): $31,993 1 $34,277 1 $26,451 1 $28,051 1 Civilian Labor Force (2013): 17, , ,432, ,389,000 2 Civilian Employment (2013): 16, , ,749, ,929,000 2 Unemployment Rate (2013): 3.9% 2 4.2% 2 7.2% 2 7.4% 2 1 U. S. Dept. of Commerce; Bureau of Economic Analysis 2 U. S. Bureau of Labor Statistics Monroe County 2013 Florida Price Level Index for School Personnel (Florida Population Weighted Average = 100) Monroe County: 2008 = (including housing) 2009 = = = = = Source: EFlorida.com reporting: University of Florida; Bureau of Economic & Business Research Page 3 of 7

4 Key West Housing Profile (2008 Five-Year Estimate) Key West Monroe County Total Housing Units: 17,735 52,827 Occupied Housing Units: 11,739 (66.2%) 29,241 (55.4%) Average Number of Rooms: Average Number of Vehicles: Median Household Income: $52,660 $53,418 Owner Occupied Housing Units: 5,869 17,696 Percent of Occupied Units: 50% 61% Average Number of Household Members: Median Value Occupied Unit: $432,600 $357,200 Median Monthly Housing Cost with Mortgage: $2,584 $2,084 Renter Occupied Housing Units: 5,870 11,545 Percent of Occupied Units: 50% 39% Average Number of Household Members Median Monthly Housing Cost $1,409 $1,390 Source: U. S. Census Bureau; American Fact Finder; CLRsearch.com Key West Median Property Sales (The median value represents that value at which one-half of the unit sales are above and one-half of the unit sales are below the value.) Key West Single Family Home: $532,000 $425,000 $420,000 $375,000 Key West Condominium: $375,000 $330,000 $325,000 $316,000 Source: Monroe County Property Appraiser, Qualified Sales (not including short sales and bank sales) Key West Business Licenses (as of May 2014) Number of Lodging Licenses Number of Licenses Units Hotels 25 2,307 Motels 26 1,531 Bed and Breakfasts Transient Multi-Unit Complexes 127 1,073 Sub-Total Lodging (without vacation rentals) 225 5,364 Vacation Rentals Grand Total Lodging 487 6,207 Other Licenses Number of Licenses Retail: 738 Motorized Rentals (Autos, Scooters, and Jet Skis): 60 Non-Motorized Rentals (Bikes, Kayaks, and Paddleboards): 71 Charter Boats: 192 Food Services: 311 Source: City of Key West; Florida Dept. of Business & Professional Regulation Page 4 of 7

5 Monroe County Employees by Industry for : (last updated May 5, 2014) Industry Number of Jobs Percentage of Total Forestry, Fishing and Related Activities (D) 1 (D) 1 Mining (D) 1 (D) 1 Utilities (D) 1 (D) 1 Construction 3, % Manufacturing % Wholesale Trade (D) 1 (D) 1 Retail Trade 6, % Transportation and Warehousing 1, % Information % Finance and Insurance 1, % Real Estate and Rental and Leasing 5, % Professional, Scientific, and Technical Services 2, % Management of Companies and Enterprises % Administrative and Waste Management Services 3, % Educational Services % Health Care and Social Assistance 3, % Arts, Entertainment, and Recreation 2, % Accommodation and Food Service 12, % Other Services, except Public Administration % Total Private Non-Farm Employment 50, % (Farm Employment in Monroe County is Zero.) Federal, Civilian Workers 1, % Military 1, % Local Government 3, % State Government % Total Government and Government Enterprises 7, % Total Employment in Monroe County: 58, % Source: U. S. Department of Commerce; Bureau of Economic Analysis 1 (D) Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the total. Page 5 of 7

6 Key West Schools, Worship, Shopping, & Activities Schools Public Elementary: 2 Elementary Parochial: 2 Public Elementary & Middle School: 1 Public High School: 1 Charter Schools: 3 Key West City Enrollment in the Monroe County School District: 3,954 (October 2013) Places of Worship Churches: 38 Synagogues: 2 Shopping & Activities Large Grocery Stores: 5 Public Beaches: 5 Movie Theaters: 2 Dramatic Theaters: 3 Hospitals: 1 Colleges: 3 Public Parks: 7 State Park: 1 National Park 1 Playing Fields: 9 Stadium: 1 Airport: 1 Restaurants: 269 Museums: 15 Art Galleries 52 Sources: Wikipedia; WhitePages; City-Data.com (05/2014) Page 6 of 7

7 Key West Climate Due to the proximity of the Gulf Stream in the Straits of Florida, and the tempering effects of the Gulf of Mexico, Key West has a notably mild, tropical-maritime climate. Daily temperature variations throughout the year range about 10 degrees. Winter cold fronts tend to be modified by the warm water as they move in from the north, keeping monthly average temperatures typically only 15 degrees lower in the winter than during the summer. There is still no record of frost, ice, sleet, or snow in ever occurring in Key West, but ice has been reported in the Upper Keys. December through April, referred to as the dry season, receives roughly 25 percent of the annual rainfall, usually ahead of cold fronts. June through October is considered the wet season, receiving approximately 60 percent of the yearly total in showers and thunderstorms. Average High Average Low Mean Average Precipitation (inches) Record High ( ) Record Low ( ) January 75 F 65 F 70 F F (1877) 41 F(1981) February 76 F 66 F 71 F F (1874) 44 F (1917) March 79 F 69 F 74 F F (1874) 47 F (1986) April 82 F 72 F 77 F F (1881) 48 F (1987) May 85 F 76 F 81 F F (1881) 63 F (1877) June 88 F 79 F 83 F F (1881) 65 F (1932) July 89 F 80 F 85 F F (1880) 68 F (1888) August 90 F 79 F 84 F F (1956) 68 F (1913) September 88 F 79 F 83 F F (1956) 69 F (1985) October 85 F 76 F 80 F F (1962) 59 F (1910) November 81 F 72 F 76 F F (1876) 49 F (1959) December 77 F 67 F 72 F F (1876) 44 F (1989) (All-time records in bold) Source: NOAA, National Weather Service Page 7 of 7